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Post by sportsrancho on Feb 29, 2024 8:01:52 GMT -5
You don’t buy a stock and not plan on when to sell it, unless you’re holding it for your kids in which case they will sell it. People have their own thoughts on what is fair value, and if the stock gets pushed above it, they take profits and then they buy it back on a dip. Most shareholders I know trade around their core. Or they sell calls for premium. Most of the time I’m too lazy to do it. But I do on occasion buy leap options. But like Ray says, where are they?
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Post by cjc04 on Feb 29, 2024 12:17:06 GMT -5
Kind of nice to think 2Q report (August) may include a note the MidCap loan was retired. That's $33M paid off in 6 months. I'm hopeful the $302M cash reported at EOY 2023 is still the same or even slightly higher. If that's the case, there's $33M in operational cash flow that can be used in 2H or added to the cash on hand for future use. e.g., paying off the $230M convertible debt in December 2026. why wouldn’t we hear about this in May? Didn’t they say they were paying it off in the 1st Q?
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Post by prcgorman2 on Feb 29, 2024 12:27:53 GMT -5
Kind of nice to think 2Q report (August) may include a note the MidCap loan was retired. That's $33M paid off in 6 months. I'm hopeful the $302M cash reported at EOY 2023 is still the same or even slightly higher. If that's the case, there's $33M in operational cash flow that can be used in 2H or added to the cash on hand for future use. e.g., paying off the $230M convertible debt in December 2026. why wouldn’t we hear about this in May? Didn’t they say they were paying it off in the 1st Q? Nope, 1H. First bullet under Debt on Slide 26 in their 4Q and YE 2023 earnings presentation.
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Post by cjc04 on Feb 29, 2024 12:59:17 GMT -5
why wouldn’t we hear about this in May? Didn’t they say they were paying it off in the 1st Q? Nope, 1H. First bullet under Debt on Slide 26 in their 4Q and YE 2023 earnings presentation. got it, thx
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